Announcement on online rush purchase for Lock USDT for DeFi mining (Phase II)

Exchange BW (BW Exchange)
3 min readSep 15, 2020

BW will launch Lock USDT for DeFi mining Phase II at 20:00 on September 15 (UTC+8), with annual revenue of 20% — 200%. BW will take out the funds of locked for the liquidity mining of the DeFi preferred project, and will airdrop 100% of the mining income to the users participating in the USDT lock up activity.

What is the DeFi project?
The concept of DeFi (decentralized Finance) presents an unprecedented hot scene. The number of applications and pledge passes in the field of DeFi is experiencing an explosive growth, which also makes the concept of “liquidity mining” rise rapidly, which stimulates people’s enthusiasm for corresponding DeFi projects. Even some of the DeFi liquidity mining has an annual income of 2000%, especially in the early stage, but it is also full of all kinds of unknown risks, such as the risk of smart contract, Oracle risk, black swan risk, wallet, and private key security and other risks. In addition, it is necessary to select high-quality projects from a large number of DeFi liquidity mining projects, and the threshold for ordinary users to participate is very high.

Advantages of BW mining:
1. At present, the price of ETH is at a high level, and DeFi mining needs to pay expensive gas fees, which makes small and medium-sized investors unable to enjoy the DeFi dividend. There are a large number of individual investors in the market because of the high handling fees, and even lead to losses. Through BW’s mining products, the funds of a large number of investors will be collected for unified operation, and the handling fee cost of each investor will be evenly shared to a great extent, You can even ignore it and make money when you buy it.
2. The professional investment manager of BW platform, through very strict standards, selects relatively safe, widely recognized by the market and high-yield DeFi liquidity mining projects for investors. All projects need to pass the security audit of smart contract code conducted by the third-party audit institution recognized by the industry.
3. The projects involved in this product will focus on the project dynamics and development trend, and cash out in a timely manner to maximize the interests of investors in combination with the value of token, so as to ensure the safety and income of investors.
Activity details:
Lock token: USDT
Lock time: 7 days
Mining time: 2020–09–18 00:00 (UTC + 8)
End time: 2020–09–24 00:00 (UTC + 8)
Total amount: 10000000 DeFi
Unit price: 1 DeFi / USDT
Per capita purchase amount: 1–100000 DeFi
Annualized income: up to 200%
DeFi liquidity mining token::SUSHI、SWRV、CRV、YFI、COMP、SUN etc

One DeFi represents a mining unit
Activity rules:
This activity will end at 20:00 on September 17, 2020 (UTC+8), and the mining task will be conducted at 00:00 on September 18, 2020 (UTC+8), and the mining will be finished at 00:00 on September 24, 2020 (UTC+8). There is no service charge for the whole service, and the gas fee generated in the operation process is deducted from the income. The distribution of mining income will be adjusted according to the actual income, and the income and principal will be issued at 15:00 on September 25, 2020 (UTC+8).
Remarks:
Because of the high operating cost, it does not support the refund in the course of mining. When the project is due, the user’s purchased DeFi will be deducted, and the principal and income of the user’s purchased DFI will be transferred into the user’s account;
The income of DeFi liquidity mining financing will rise and fall with the market currency price. We will adjust and distribute the mining income according to the actual income.
BW will try its best to screen high-quality DeFi mining projects for users, but BW only displays projects as a platform, providing users with agent asset access to DeFi projects and income distribution and other related services, and does not bear any losses caused by the security of project smart contracts.

【Contact us】

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Official website: www.bw.com | www.bw.io

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BW, Bit World, Better World

BW.com Global Operations Team

Sep 14, 2020

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Exchange BW (BW Exchange)

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